Stock Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Adobe, Inc (NASDAQ:ADBE)
Strong Uptrend (+100) - ADBE is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ADBE continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ADBE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADBE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ADBE
The long-term trend has been UP since May 26th, 2020 at 386.745
The intermediate-term trend has been UP since Apr 7th, 2020 at 326.990
The short-term trend has been UP since Jul 31st, 2020 at 440.500
Smart Scan Analysis for ADBE
Based on our trend formula, ADBE is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||277.61||Year High Date||2018-09-14|
|Year Low||175.26||Year Low Date||2018-01-02|
|52wk High||409.98||52wk High Date||2020-06-10|
|52wk Low||255.1314||52wk Low Date||2020-03-18|
|Year End Close||37.68||Average Volume||2,925,125|
|Shares Outstanding||481,801||Short Interest||9,940,077|
|% Institutional||90.2||Market Cap||134,845M|